You’d be surprised how many people can’t boil water!  

The total cost is not unreasonable, but I am questioning if it's all truly needed.To give you a better idea, he has a few packages available that scale up in price and services:Bronze ($497): Includes LLC formation, a custom operating agreement, and a year of statutory agent service.Silver ($897): Adds the EIN, an LLC operations manual, and some ongoing compliance/task alerts.Gold ($1,397): The most comprehensive package, which includes a revocable living trust to keep our names off public records for privacy/asset protection.The 70+ page estimate came as a surprise, and it makes me question if this is a standard requirement for a new partnership.I'm hoping to get some insight from those of you who have created similar partnerships:1) Is this a normal process?

Appreciate the response, obviously not what I was hoping for but not surprised. 

Any surprise “gotcha” expenses (sewer connections, environmental cleanup, electrical upgrades)?

The change orders or surprises while flipping and of course timelines that expand. 

Better to be pleasantly surprised than stuck holding.Exit strategy.

Less "surprises"3.

I'm surprised you're seeing a lot of those at the moment - in my area, interest rates haven't come down enough for the refi to make sense. 

Renovations almost always take longer than expected, even when surprises are minimal.

Even if you don’t buy right away, it’ll help you spot a good deal when it shows up.Real estate is a team sport, so focus on relationships early, you’ll be surprised how many doors that opens.